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Saudi Aramco floats tender for gas plant contract
- Saudi Arabia: Thursday, September 06 - 2012 at 12:21
Saudi Aramco has floated a tender for the contract to develop a plant to process gas from the Midyan field to supply a power plant, as the world's largest oil exporter moves to stop burning crude oil and diesel to generate power industry, Reuters has reported, citing industry sources. Seven companies will submit their offers by the end of November to build the plant, to have a processing capacity of 75 million standard cubic feet per day (scfd) of gas and a pipeline to a power plant in the western port city of Dheba, one of the sources said. Aramco also invited companies to bid for the upgrade of Riyadh's 124,000 barrels per day oil refinery. Companies are due to bid by October 20 for the project, estimated to cost around $300m, to produce cleaner fuels.
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